We are venture specialists investing in exceptional venture fund managers.
Early-stage venture fund investing
We seek to invest in top venture fund managers.
We focus on early-stage venture funds, both established and emerging, in the US, Europe and Israel. As the LP arm of Sapphire Ventures, we invest out of an evergreen-like fund structure designed to provide our managers with access to long-term capital.
We provide active, value-add support to our portfolio GPs through deep industry insights and expertise, data-driven performance benchmarks, thought leadership, and the leveraging of Sapphire’s Portfolio Growth services to our portfolio’s benefit.
OpenLP — A Sapphire Partners Initiative
We are mission-driven stewards of the #OpenLP movement. OpenLP demystifies the LP perspective, helping GPs stay on top of their game and everyone better understand how the venture market works.Learn More
Sapphire Partners - By the Numbers
portfolio company exits in 3rd party funds since 2013
portfolio companies in 3rd party funds valued at $1B+
underlying portfolio companies in 3rd party funds
We believe your LPs should be a strategic asset —
Providing Industry Insights
We work with leading venture funds, that reach across sectors and geographies, giving us a broad perspective on trends, best practices and insights. We share those industry insights with our fund managers through our thought leadership.Learn More
All In: Re-imagining Our Role as an LP in Venture
What does it look like to be an LP fully committed to venture? Sapphire Partners lives by three core principles that guide our work today and influence how we look to continually evolve to best serve our venture fund managers.Learn More
Benchmarking & Analysis
Our extensive benchmarking database allows users to compare performance with Sapphire’s broader portfolio across:
- Business model / Investment themes
- Performance by entry series
- Performance by round size
- Median ownership by series
- Follow-on graduation rates
- TVPI progression
Making Business Connections that Matter
Beyond capital and expertise, our dedicated Portfolio Growth team – made up of business development, marketing, event and talent professionals – cultivates deep connections across the Global 2000 companies to help our underlying portfolio.Learn More
News + Perspectives
The #OpenLP Podcast Miniseries: Saul Klein of LocalGlobe and Latitude – Champion of the European Tech EcosystemLP Insights / November 3, 2021
The #OpenLP Podcast Miniseries: Saul Klein of LocalGlobe and Latitude – Champion of the European Tech Ecosystem
The #OpenLP Podcast Miniseries: Kim Lew, CEO of Columbia University’s EndowmentLP Insights / September 30, 2021
The #OpenLP Podcast Miniseries: Kim Lew, CEO of Columbia University’s Endowment
Turning the Tables on Notation: Introducing the #OpenLP Origins Podcast MiniseriesLP Insights / August 24, 2021
Turning the Tables on Notation: Introducing the #OpenLP Origins Podcast Miniseries
Fund Recycling Moves the Needle for Both LPs and GPs. Here’s How.LP Insights / April 28, 2021
Fund Recycling Moves the Needle for Both LPs and GPs. Here’s How.
The Black Swan Year: How 2020 Impacted Venture Investing and PerformanceLP Insights / February 2, 2021
The Black Swan Year: How 2020 Impacted Venture Investing and Performance
The 4 P’s of Fundraising for Emerging ManagersLP Insights / August 5, 2020
The 4 P’s of Fundraising for Emerging Managers